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cola wars

Among the many events that will move the markets this week, we'll see an earnings parade for makers of luxury goods and a showdown between leading pay TV providers. Here are five things sure to help shape the week ahead on Wall Street.

Pepsi is hoping to win back soda drinkers with a compromise. Some people don't like the calories in regular soda, but loathe the taste of zero-calorie diet drinks. So the nation's No. 2 cola company is rolling out "Pepsi Next," a cola that has about half the calories of regular Pepsi at 60 calories per can.

Rafi Mohammed, author of The Art of Pricing, says Coca-Cola is selling itself short. Some of its beverages, such as Coke Zero, could be priced higher, potentially raising the company's margin and profit. But in the Cola Wars, could higher prices cause a customer retreat?